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India Added 5.4 GW of Solar in 9M 2019, with 2.2 GW Installed in Q3 2019

Mercom revises its forecast down to ~7.3 GW for CY 2019 and estimates that for the first time, India will mark 10 GW of annual installations in CY 2020 assuming stable market conditions

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According to Mercom India Research’s newly released Q3 2019 India Solar Market Update, solar installations in India increased 44% in Q3 2019 reaching 2,170 MW, compared to 1,510 MW in Q2 2019. Installations were up by 36% year-over-year (YoY) compared to 1,592 MW in Q3 2018.

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